March 06, 2015 4:45 AM ET

Hotels, Restaurants and Leisure

Company Overview of Sabre Travel Network

Company Overview

Sabre Travel Network provides technology solutions to the travel industry. The company operates Sabre global distribution system, a travel marketplace that connects travel buyers and sellers. Its travel marketplace offers travel agencies, travel management companies, and travel professionals with access to airlines, hotel properties, car rental brands, rail providers, and cruise lines; helps corporations to simplify complex travel sourcing; enables suppliers or brands to reach travel sellers; and provides customized solutions for government agencies and travel management companies serving the public sector to access proprietary government booking tools. Sabre Travel Network also equips third...

3150 Sabre Drive

Southlake, TX 76092

United States

Founded in 1960

Phone:

682-605-1000

Fax:

682-605-9044

Key Executives for Sabre Travel Network

Chief Executive Officer
President
Age: 47
Head of Solutions Consulting
Managing Director of Airline Distribution
Senior Vice President and General Manager of Asia Pacific
Compensation as of Fiscal Year 2014.

Sabre Travel Network Key Developments

Sabre Travel Network Reports Unaudited Earnings Results for the Fourth Quarter and Year Ended December 31, 2014; Provides Revenue Guidance for 2015

Sabre Travel Network reported unaudited earnings results for the fourth quarter and year ended December 31, 2014. For the quarter, the company’s revenue declined 1.4% to $434 million compared to $440 million for the same period in 2013. The decline in revenue is primarily attributable to lower joint venture data processing revenue. Adjusted EBITDA declined 9.4% to $172 million compared to $189.94 million reported a year ago. The decline in adjusted EBITDA was primarily the result of lower year-over-year joint venture data processing revenue in the quarter and the timing of recognition of certain cost of revenue expense items compared to the prior year. Operating income was $142.23 million compared to $162.05 million reported a year ago. For the year, the company’s revenue was $1,854.785 million compared to $1,821.498 million for the same period in 2013. Operating income was $657.326 million compared to $667.498 million reported a year ago. Adjusted EBITDA was $778.677 million compared to $772.208 million reported a year ago. The company expects 2015 revenue growth of 4% or more, driven by bookings growth of approximately 3%.

Travel Network Reports Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

Travel Network reported unaudited earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported operating income of $165,597,000 and adjusted EBITDA of $197,971,000 against operating income of $162,071,000 and adjusted EBITDA of $188,237,000 for the same period a year ago. The company's revenue also increased, rising 1.3% to $462 million from $456 million for the same period of 2013. For the six months, the company reported operating income of $350,114,000 and adjusted EBITDA of $412,814,000 against operating income of $346,970,000 and adjusted EBITDA of $398,540,000 for the same period a year ago.

Sabre Travel Network Middle East Signs Agreement with Al Tayyar Group

Sabre Travel Network Middle East and Al Tayyar Group have recently signed an agreement. Al Tayyar Group will be, under the agreement, allowed to have direct access to Sabre's Global Distribution System and its vast portfolio of technology products and solutions.

Similar Private Companies By Industry

Company Name Region
National Golf Club, Inc. United States
Riverview Plantation Inc. United States
Holiday Inn Fort Wayne United States
The Pines Resort Bass Lake United States
Inn At Spanish Head United States

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
NYC2012, Inc. United States
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
Rush University United States
Greater Houston Partnership United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Sabre Travel Network, please visit www.sabretravelnetwork.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.